Star Energy’s revenue hit by oil and gas price falls
Lower commodity prices hit Star Energy last year, the company revealed today in annual accounts.
Lower commodity prices hit Star Energy last year, the company revealed today in annual accounts.
Falling production at the Horse Hill well in Surrey cut revenue for UK Oil & Gas plc last year.
UKOG shares dropped more than a third today on news that the company had abandoned testing the Pinarova-1 well in Turkey. The company said it was “disappointed” that the well had not met its expectations.
The UK’s newest onshore oil production site has confirmed it is planning two new wells.
Star Energy and Union Jack Oil have reported falling profits in interim accounts published this week.
The would-be fracking company, Ineos, has been ordered to pay the costs of two campaigners who challenged its controversial injunctions.
The operator of the UK’s newest producing onshore oil site, is considering a gas prospect in North Yorkshire.
The final court in the UK is to make a landmark ruling in a case about the climate impacts of onshore oil and gas extraction.
Drilling for gas near a Surrey village will be funded by another company, the operator has announced.
A council which opposed drilling for gas near a Surrey village has taken the first step to fight ministerial approval of the scheme.